Section 7. Term of office

7. Term of office.— The Chairman, Vice-Chairman or other Member shall hold office as such for a term of five years from the date on which he enters upon his office or until he attains,— (a) in the case of the Chairman, the age of sixty-five years; and (b) in the case of the Vice-Chairman or any other Member, the age of sixty-two years, whichever is earlier.